Modul

The assessment is carried out as partial exams (according to Section 4 (2), 1-3 SPO) of single courses of this module, whose sum of credits must meet the minimum requirement of credits of this module. The assessment procedures are described for each course of the module separately. The overall grade of the module is the average of the grades for each course weighted by the credits and truncated after the first decimal.

The student

• is aware of design options for energy and especially electricity markets and can derive implications for the market results from the market design,
• knows about current trends regarding the Smart Grid and understands affiliated modelling aproaches,
• can evaluate business models of electricity grids according to the regulation regime
• is prepared for scientific contributions in the field of energy system analysis.

None.

The module conveys scientific and practical knowledge to analyse energy markets and according business models. To do so the scientific discussion on energy market designs is evaluated and analysed. Different energy market models are presented and their design implications are evaluated. Furthermore, the electricity system is analysed with regards to being a network industry and resulting regulation and business models are discussed. Besides these traditional areas of energy economics we will look at methods and models of digitalisation in the energy sector.

The total workload for this module is approximately 270 hours. For further information see German version.